Oxford, MS—38655
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oxford, MS
As of Oct '25, the median home price in Oxford, MS is $406,000, with a year-over-year change of 7.0%. This indicates that home prices in Oxford, MS are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $406,000 | 7.0% |
| Single Family | $411,000 | 5.4% |
| Condos | $376,000 | 10.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $251,000 | 23.6% |
2 Bed | $307,000 | 7.7% |
3 Bed | $406,000 | 6.6% |
4 Bed | $580,000 | 6.0% |
| 5 Bed | $834,000 | 6.5% |
% of Housing Stock
Rental Trends — Oxford, MS
As of July '25, Rentcast reports the average rent in Oxford, MS is $2,480, with a year-over-year rent change of 18.1%. Per bedroom, the median rent as of July '25 in Oxford, MS is 1-bedrooms: $1,490, 2-bedrooms: $1,840, 3-bedrooms: $2,560, 4-bedrooms: $3,160. The most common rental property sizes in Oxford, MS are 2-bedroom and 3-bedroom, accounting for 34.5% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,540 | $2,480 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,490 |
| 2 Bed Rent | $1,800 | $1,840 |
| 3 Bed Rent | $2,600 | $2,560 |
| 4 Bed Rent | $3,200 | $3,160 |
% of Rental Stock
Property Listings — Oxford, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Oxford, MS is 62. This is a increase of 8.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $494,000 | -11.0% |
Listing Count | 474 | 18.0% |
| Listings as % of Homes | 1.5% | 18.0% |
Days on Market | 62 | 8.0% |
Demographics — Oxford, MS
As of the latest ACS Survey released in 2023, Oxford, MS has a population of 45,400, which has increased by 6.5% over the past 5 years. Oxford, MS is a moderately popular place for families, as children make up 20.5% of the population. The area has a highly educated workforce, with 48.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,400 | 6.5% |
% Under 18 | 20.5% | 5.1% |
% Seniors | 14.1% | 14.6% |
% WFH | 6.4% | 128.6% |
% w/ College Degree | 48.1% | 1.3% |
As of the latest ACS Survey released in 2023, Oxford, MS is a predominantly white area, with 67.8% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Oxford, MS is black, making up 24.4% of the population. Foreign-born residents account for 4.1% of the population in Oxford, MS, and this percentage has decreased by 2.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.8% | -1.2% |
% Black | 24.4% | -1.2% |
% Hispanic | 3.6% | 20.0% |
% Asian | 2.3% | -8.0% |
% Foreign Born | 4.1% | -2.4% |
Mortgage and Risk — Oxford, MS
According to HUD data as of 2023, there were 1000 mortgage originations in Oxford, MS, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Oxford, MS. Investor activity is low, as 8.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,000 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 8.0% |
% Second Loans | 22.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Oxford, MS
Oxford, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 295 |
Total Units Section 8 | 83 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$270 | $1,400 | $1,130 |
| 2 Bedroom | -$470 | $1,800 | $1,330 |
| 3 Bedroom | -$930 | $2,600 | $1,670 |
| 4 Bedroom | -$1,440 | $3,200 | $1,760 |
Affordability — Oxford, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $406,000 |
| Median Household Income | $64,400 |